A swimmers body is one of the most balanced, but there is alot of actual resistance involved, to get there.

I have been an active real estate broker specializing in commercial properties for 10 years.I have invested in a few smaller properties, but want to step it up and get involved with larger properties.

I don't want to involve myself in something that could be a possible scam.

My wife, on the other hand, is interested in getting involved in Low Income Housing and would like to learn how to invest in properties that would enable us to rent to low income families who has lost their homes due to the subprime loan scandals.

The Birddog does not get involved in any of the contractual and financial part.

Often the interim financing (the acquisition and construction loans) involves relatively high interest rates and short amortization periods.

That's usually a result of a lack of market knowledge or management plan.I am one of the gurus - so I hesitated to get involved in this thread.

Please get involved in the community discussion and once you reach 10 posts, you will be able to post deals in the dealmaking forum or classifieds areas.For more help, please review the forum rules.]http://www.biggerpockets.com/forumrules.html

Is anyone here involved in these types of deals and possibly in the greater syracuse area?

When one of these tenants is a 'good tenant' which, more often than not, means they are little old ladies or men we do not raise them - OR - we raise them much less.Here is why...A successful full time investor in our area (who is involved with two of the REI clubs that we are members) argues that by keeping his rents down (by this we mean 80%-90% of market value) he minimizes turn-over, saving more money in the long run.He would say: look at vacancy costs, repairs, cleaning, advertising, opportunity costs, etc.